2020 State Cannabis Election Results
Mississippi and South Dakota. In Mississippi, voters chose between two dueling initiatives — favoring a measure placed on the ballot by patient advocates, and rejected a more restrictive alternative measure placed on the ballot by state lawmakers.
Recreational Cannabis- Voters legalized the possession of marijuana by adults in Arizona, Montana, New Jersey, and in South Dakota. The measures in Arizona, Montana, and South Dakota each permit adults to possess and cultivate marijuana for personal use and establish a regulated retail market. In New Jersey, voters decided on a public ballot question. Lawmakers must now enact enabling legislation in order to amend state laws to comport it with the voters’ decision.
In total, 15 states have now either enacted or have voted to enact adult-use legalization laws, while 36 states have either enacted or have voted to enact medical marijuana access laws.
San Francisco Renters Up in Non-Smoke
California- San Francisco Supervisor, Norman Yee is about to retire. On his agenda is a ban on the
smoking of cannabis in apartments that will be considered by the San Francisco Board of Supervisors on December first. This proposal is a major setback for cannabis consumers who will be forced to leave their homes to light up.
smoking of cannabis in apartments that will be considered by the San Francisco Board of Supervisors on December first. This proposal is a major setback for cannabis consumers who will be forced to leave their homes to light up.
While an amendment to the proposal has been offered that would exempt patients with a valid and current medical cannabis card issued by the State of California, the proposal fails to protect the many patients who no longer participate in the state’s medical cannabis program since the legalization of cannabis in 2016.
Social Equity and Shrooms Carpet Bag NJ Legalizations
crafting the language for adult use per the passing of the public ballot question. However, creating a legislative pathway to reach proponents’ goals to establish New Jersey as the dominant East Coast marijuana market, while ending the disproportionate rates of arrest in minority communities is far more complicated then expected.
New Jersey’s senate voted to amend a decriminalization bill to include psilocybin, the hallucinogenic compound in so-called magic mushrooms, hamstringing the time-sensitive negotiations over a separate legalization bill. That bill creates a framework for the constitutional amendment legalizing marijuana, which takes effect Jan. 1.The mushroom amendment was tacked on just as social justice advocates were spotlighting what they saw as an overarching flaw in the legalization bill: a lack of guaranteed benefit to Black and Latino communities that have suffered most from criminal enforcement of marijuana laws. The legalization bill was pulled back for an overhaul. After lengthy Assembly and Senate committee hearings, two bills emerged that differed meaningfully, and a final vote on the legislation, was postponed.
Once a bill is signed into law, existing medical marijuana dispensaries are expected to be permitted to sell excess cannabis to adults. But supply is limited, and it is likely to take at least 18 months for new shops catering specifically to the adult-use market to open.
Wholesale U.S. Oil Prices at a Glance
rising oil production that has more than offset an uptick in cannabis sales amid the coronavirus pandemic.The drop in wholesale oil prices reflects several market factors.
Marijuana demand, for starters, rose after dozens of states declared cannabis businesses essential and allowed them to stay open during the pandemic. Consumers stocked up and have continued to drive marijuana sales month-over-month.
In response, cultivators have been growing plentiful supplies of raw cannabis, from which oil is derived.
That, in turn, has put downward pressure on oil prices – despite robust demand for oil-derived products such as concentrates, edibles and vape pens.
A gram of marijuana distillate oil testing at 90% THC is selling in Colorado for around $7-$9 a gram. That’s down from 2019, when a gram was selling for around $11-$12, he said. More hemp farms are coming online all the time, producing more biomass and forcing down oil prices.
